Exchange money to money refers to the famous method of cracking down on evil coins during the reign of Emperor Gaozong. The so-called evil coins are many despicable coins popular in the Tang Dynasty. Some of these coins were made of official coins of sufficient pounds and grinds, while others were made of copper chips obtained from the chisel and returned to the furnace to obtain new coins of worse quality.

In the Jiangnan region under the rule of the Tang Dynasty, there were many cases of private mining of copper mines. So much so that bad money with low quality in Jiangnan became more common. During the reign of Emperor Xuanzong of Tang, convenient waterways even became tools for transporting bad money.

The cargo ship connected to the rice ship transported the bad money minted by Jiangnan to the two capitals continuously.

The official coins of the Tang Dynasty were mainly made of copper and tin as auxiliary cast, and the tin content was extremely low. However, due to the lack of copper sources, the tin content of privately cast copper coins is quite high.

Such inferior copper coins have been passed through the Tang Dynasty for more than a hundred years, causing a heavy blow to the monetary order of the Tang Dynasty.

During the Qianfeng period of Emperor Gaozong, Li Zhi made up his mind to deal with bad money, abolished the Kaiyuan Tongbao issued by his grandfather Li Yuan, and reissed the heavier Qianfeng Quanbao.

In this way, the bad money made by imitating old money in the market will not be circulated. However, the bad money held by the villagers is not completely useless.

The government planned to completely recycle these copper materials, so it used Qianfengquanbao to exchange for the bad money in the hands of the villagers in a certain proportion.

Li Zhi was ambitious and imagined that the bad money that had been rampant in the two capitals would disappear without a trace after this battle.

Unfortunately, this good strategy was declared bankrupt after only one year. Emperor Gaozong had to issue an emergency edict to stop using the Qianfengquanbao and reuse the Kaiyuan Tongbao.

As for the bad money that is popular in the market, turn a blind eye to it.

Li Hong's speech indirectly confirms that historical records of the chaos in the Tang Dynasty's monetary system during this period are in line with reality.

However, Li Hong only knew one thing, not the other. The cause of bad money was quite complicated. To solve it, multiple methods had to be taken to cooperate.

"Your Highness may have misunderstood that manure does not require them to spend money on every household, it is ready-made."

"But, in the past, they did not have the habit of compost farming. On the contrary, they had wasted all the treasures like manure."

"Now, the court requires them to leave these manures, collect and dry them, and keep them for farming in a few months. As long as they act according to the requirements, they will have money to collect."

"For the villagers, they have no losses and have taken advantage of them. They will definitely do what they want."

Li Hong frowned and looked at Pei Fanxian with a puzzled look, but still disagreed with his suggestion.

"Don't mess with me. The saints issued an edict to exchange new money for the bad money in their hands, and they also exchanged money for money. They did not lose anything, but they still did not implement it."

"In my opinion, the villagers are lazy. No matter how much money they give, they don't want to work more!" Li Hong said in anger and looked angry.

Pei Fanxian quickly comforted him: "Your Highness's statement was biased. The villagers were unwilling to exchange new money at the beginning, but they had their own difficulties. Your Highness can recall whether the court had determined the exchange price of a new money and a bad money. The court paid less new money, and the people took out more bad money."

"If the student remembers correctly, the exchange ratio will be at least one to five."

"Yeah?"

"Why aren't the villagers very inappropriate?" Li Hong suddenly realized.

Fan Xian didn't want to get into trouble with him on this issue. The key now is to solve the problem of compost first.

"So, the students said that as long as they give money to the villagers, they will be happy to composted."

"Of course, the amount of this money must be determined more reasonably. Neither too much, so that the villagers can treat the court as a sucker or too little, so that the villagers will have no enthusiasm."

Li Hong nodded frequently: "You don't have to worry about the specific operation, I will ask someone to do it."

Pei Fanxian took out all the prepared medicines. In order to prevent the three of them from fighting, he also divided the glycerol into three portions.

I brought a few more pieces of soap, which I presented to Wu Meiniang.

It is worthy of being Xiao Fuxing, and Li Hong is very satisfied with his thoughts.

Pei Fanxian didn't expect that Pei Yan could even revive the salty fish, so he came up with such a secret trick. He felt unhappy when he thought that Pei Yan would be able to live in the Political Affairs Hall in the future and become the humerus of the Tang Dynasty.

During the period of Jilu, Pei Yan was able to be at the center of the court, and he had the final say in the court. Pei Yan was not as cruel as Changsun Wuji, but he was narrow-minded and could not tolerate others.

Pei Fan first caused him to sweep the feces. With his personality, it should be no problem to remember for a hundred years. Although according to historical operations, Pei Yan would eventually commit suicide.

But if he gained power, he would definitely deal with Pei Fanxian first. If he couldn't wait for him to commit suicide, Pei Fan would have to take the move first and press him into the mud and not be able to turn over.

"Your Highness, Pei Yan, what are you going to do with it?"

Li Hong and Pei Fanxian are the same age, and now they regard him as a confidant, and they are even more open-minded when they have something to say.

Li Hong frowned and asked, "What do you think?"

Li Hong couldn't stand Pei Yan's way of doing things bypassing the blame. Even if he submitted this matter to Li Zhi, he would never forgive him.

Fan Xian smiled and said, "This is not easy. Tell him about this method and let him continue to manage the compost promotion work."

"Just find someone to stare at him, don't let him be lazy."

"This was originally a matter of Pei Yan."

Li Hong suddenly opened his mind and Pei Yan was lazy, which showed that he did not take the prince Li Hong seriously at all.

If the errand was told by Emperor Li Zhi, no matter how disgusting he was, he would do it.

When Li Hong thought that a mere residence hall dared to despise him, he felt so angry that his bones were itchy!

Li Hong hated Pei Yan, and Pei Fanxian also wanted to repair Pei Yan. Soon, the two reached a consensus on dealing with the old thief Pei.

This time, Li Hong showed mercy and no longer asked Pei Yan to sweep the manure himself, but instead gave him the overall situation.

Although Pei Yan is not from the Ministry of Revenue, he has to be an errand in the Ministry of Revenue.

When communicating with the Ministry of Revenue, Pei Yan asked him to do it. He collected the manure stored by each household, and asked Pei Yan to arrange the place.

Asking the Ministry of Revenue to pay for money has always been the most thankless errand, but this time, Old Pie Pei has suffered a lot.

…………

Ever since applying glycerin to the face, the queen Wu Meiniang has been in a better mood.

For three days, she threw the court affairs to Li Zhi and asked him to handle it by himself. The first thing she did when she woke up every day was to look in the mirror.

Looking at the figure reflected in the bronze mirror, Wu Meiniang was so happy that she couldn't stop talking about it.

Emperor Li Zhi was a person with extremely serious psychological hints. When he saw his son drinking glycerin, he was in great condition. He thought that glycerin was indeed a strange medicine.

It is also effective when he is an old patient, so he is in good condition these days.

No matter how many memorials are, they don't seem to be effortless.

"Mei Niang, this young man Pei Fanxian is really good. I don't know when he will enter the palace."

Hurry up and send some medicine.

Mei Niang stared at the bronze mirror and opened the crow's feet at the corners of her eyes.

“It’s really good.”
Chapter completed!